Panalpina Group is strengthening its global logistics operations by signing a long-term supply chain management contract with Vantico, a spin-off founded in June 2000 by the Performance Polymers Division of Ciba Speciality Chemicals
Read MoreProblems mounted for beleaguered Swissair on Friday when its shares fell sharply amid concerns that the troubled Swiss aviation group is likely to face higher costs to extricate itself from its unprofitable French operations.
Read MoreDPD Deutscher Paket Dienst GmbH & Co, in which French La Poste has a 85% holding, plans to merge the Swiss companies DPD Ost and DPD West into DPD Switzerland AG. The latter will be controlled by Geneva-based GeoPost Switzerland S.A. DPD Switzerland aims to invest around SFr 20mn in Switzerland in order to benefit from the lucrative parcel delivery business.
Read MoreTNT Post Group (TPG), the Amsterdam-based mail, express and logistics group, Tuesday sold TNT International Mail, its cross-border business mail operations in the Netherlands, to Swiss Post International. The sale was necessary for TPG to secure regulatory approval from the European Commission to approve a joint venture with the British and Singapore postal authorities
Read MoreLIST OF UPU MEMBERS NOT OFFERING AN OUTGOING EMS SERVICE
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